The Biggest Stock Markets Out There
The concept of buying and selling stocks has been around for centuries. The basis of the stock market model is the desire to invest money in an enterprise with the purpose of making money off its performance. Today stock markets again the same concept, even though trading has evolved and online stock trading is the latest step in the game. those of stock markets go back as far as the 16th century and here we look at and a lot of stock markets in the world and the reasons they are so successful.
New York Stock Exchange
The two largest stock exchanges in the world are situated right on another in the Wall Street area of Manhattan in New York City, perhaps the world's most famous financial district. The New York Stock Exchange is the largest stock market in the ward and it was founded on May 17, 1792. As of 2017, it has a capitalisation of $19.223 trillion. The market survived multiple shocks such as the 1929 Wall Street crash, the Black Tuesday in 1987, and a mini crash in 1997. The most successful stock market in the world, the New York Stock Exchange owns the 11 Wall Street building which was designated a National Historic Landmark in 1978.
NASDAQ is the second word's largest stock market and it was founded in February for 1971, and today it has a market capitalisation of $6.831 trillion. This was the first exchange in the works to use an electronic system for trading. The company that owns the stock market, NASDAQ Inc. also owns several of the US stock exchanges as well as NASDAQ Nordic and NASDAQ Baltic. The NASDAQ stock market is highly successful and has an average annualised growth rate of 9.24%.
London Stock Exchange Group
The largest stock market in Europe, the London Stock Exchange Group was founded in 2007 and has its headquarters in the City of London. The company owns the Borsa Italiana, FTSE International, Russell Investments, and more. However, its history goes back to the 19th century, when the London stock exchange was founded in London in 1801. The stock exchange has a capitalisation of $6.187 trillion.
Japan Exchange Group
Founded in 2013, the Japan changed is the result of a merger between the Tokyo Stock Exchange and the Osaka Securities Stock Exchange. The most successful stock market in Asia, the Japan Exchange Group has a market capitalisation of $4.485 trillion. The headquarters of the company are located in Kabutochō, Chūō, Tokyo.
Shanghai Stock Exchange
Based in Shanghai, the Shanghai Stock Exchange China has a market capitalisation of $3.5 trillion, being the second largest bourse in Asia. Unlike the other stock exchanges mentioned above, the Shanghai stock exchange is not entirely open to foreign investors because of the tight capital controls imposed by the Chinese government. Nevertheless, the Shanghai Stock Exchange is still a successful stock market that lists more than 800 companies and continues to add them on an annual basis.
Hong Kong Stock Exchange
The largest stock exchange in East Asia and the third stock market in Asia, the stock exchange of Hong Kong Limited is located in Hong Kong and it has a market capitalisation of $3.325 trillion. The stock exchange has 1955 companies listed as of October 2016, with the vast majority of them being from mainland China and Hong Kong and just 110 from abroad.
The largest stock exchange in continental Europe, Euronext has locations in multiple European cities, including Amsterdam, London, Paris, Lisbon, and Brussels. Founded in 2000, this stock market exchange offers a wide variety of products, including exchange traded funds, equities, bonds, commodities, warranty certificates, derivatives, and more. This stock exchange is the result of a merger between the Brussels Stock Exchange, Amsterdam Stock Exchange, and Paris Bourse.
Shenzhen Stock Exchange
The third most successful stock exchange in China, the Shenzhen Stock Exchange has a market capitalisation of $2.7 trillion and is the fourth largest stock exchange in Asia. Most of the companies listed with this market are companies in which the Chinese government has some sort of interest.
The ninth most successful stock exchange in the world is TMX Group Limited that has its headquarters in Toronto, Canada. This exchange operates offices across the country, with locations in Calgary, Vancouver, and Montréal as well as in important US markets such as New York City, Boston, Chicago, and Houston. The Canadian stock market is highly successful and has a total equity of $2,945.9 billion.
Deutsche Borse AG
Founded in 1992, this German stock exchange as a global equity offer €3.695 billion and its headquarters are in Frankfurt. The company announced that it will be merging with the London stock exchange group in March 2016. the company has more than 3,200 employees and it serves customers across Europe, as well as in Asia and the United States.